Retirement Planning in Fayette County, GA

What does it take to retire comfortably in Fayette County? Here are the numbers.

Median Income

$105,910

Retirement Income (80%)

$84,728

Est. Nest Egg Needed

$1,191,475

Cost of Living Index

163

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$84,728
Est. Social Security$37,069

Annual Income Gap$47,659

Housing Costs

Median Rent$1,693/mo
Annual Housing$20,316
Property Tax Rate0.8%

Median Home Value$369,700

About Fayette County, Georgia

Fayette County in Georgia has a median household income of $105,910 and a homeownership rate of 81.7%. Using the 4% rule, retirees in this county would need approximately $1,191,475 in savings to cover the gap between Social Security and their target retirement income.

These are estimates based on county-level medians. Your actual retirement needs depend on your specific income, expenses, healthcare costs, Social Security benefits, and investment portfolio. Use our calculator for a personalized Monte Carlo analysis.

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Other Counties in Georgia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SSA, BLS. Estimates based on county-level medians and the 4% withdrawal rule. This is not financial advice.